Northland Capmk Comments on Toro’s Q2 Earnings (NYSE:TTC)

The Toro Company (NYSE:TTC) – Investment analysts at Northland Capmk issued their Q2 2025 earnings estimates for Toro in a research report issued to clients and investors on Thursday, December 19th. Northland Capmk analyst E. Jackson forecasts that the company will earn $1.57 per share for the quarter. The consensus estimate for Toro’s current full-year earnings is $4.16 per share. Northland Capmk also issued estimates for Toro’s Q4 2025 earnings at $0.97 EPS, FY2025 earnings at $4.28 EPS, Q1 2026 earnings at $0.94 EPS and FY2029 earnings at $5.17 EPS.

Other equities analysts have also issued reports about the company. DA Davidson lowered their target price on Toro from $103.00 to $88.00 and set a “neutral” rating on the stock in a research report on Monday, September 9th. StockNews.com upgraded shares of Toro from a “hold” rating to a “buy” rating in a report on Monday, September 9th. Northland Securities reaffirmed a “market perform” rating and issued a $100.00 price objective on shares of Toro in a research note on Friday, September 6th. Robert W. Baird decreased their target price on shares of Toro from $102.00 to $92.00 and set a “neutral” rating for the company in a research report on Friday, September 6th. Finally, Raymond James dropped their price target on shares of Toro from $100.00 to $95.00 and set an “outperform” rating on the stock in a research report on Friday. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $93.75.

Toro Stock Up 0.5 %

TTC stock opened at $81.48 on Monday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.85 and a current ratio of 1.94. Toro has a fifty-two week low of $77.15 and a fifty-two week high of $100.93. The stock’s 50 day simple moving average is $84.13 and its 200 day simple moving average is $88.15. The company has a market cap of $8.36 billion, a P/E ratio of 21.39 and a beta of 0.70.

Toro (NYSE:TTC) last announced its quarterly earnings data on Wednesday, December 18th. The company reported $0.95 earnings per share for the quarter, meeting the consensus estimate of $0.95. The firm had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.09 billion. Toro had a net margin of 8.89% and a return on equity of 25.94%. The business’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.71 earnings per share.

Institutional Trading of Toro

Several institutional investors and hedge funds have recently made changes to their positions in the company. Franklin Resources Inc. grew its position in Toro by 27.8% in the 3rd quarter. Franklin Resources Inc. now owns 47,912 shares of the company’s stock worth $3,989,000 after purchasing an additional 10,409 shares in the last quarter. Tidal Investments LLC grew its holdings in shares of Toro by 79.2% in the third quarter. Tidal Investments LLC now owns 17,646 shares of the company’s stock valued at $1,530,000 after acquiring an additional 7,798 shares in the last quarter. Sanctuary Advisors LLC increased its position in shares of Toro by 23.8% during the third quarter. Sanctuary Advisors LLC now owns 17,245 shares of the company’s stock valued at $1,468,000 after acquiring an additional 3,316 shares during the last quarter. SkyView Investment Advisors LLC increased its position in shares of Toro by 3.0% during the third quarter. SkyView Investment Advisors LLC now owns 10,168 shares of the company’s stock valued at $882,000 after acquiring an additional 298 shares during the last quarter. Finally, Virtu Financial LLC bought a new stake in Toro during the third quarter worth $592,000. Hedge funds and other institutional investors own 87.95% of the company’s stock.

Toro declared that its Board of Directors has initiated a share repurchase plan on Tuesday, December 10th that allows the company to repurchase 4,000,000 shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Toro Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 13th. Stockholders of record on Monday, December 23rd will be paid a $0.38 dividend. This is a positive change from Toro’s previous quarterly dividend of $0.36. The ex-dividend date is Monday, December 23rd. This represents a $1.52 annualized dividend and a dividend yield of 1.87%. Toro’s dividend payout ratio is presently 37.91%.

Toro Company Profile

The Toro Company designs, manufactures, markets, and sells professional turf maintenance equipment and services. It operates through two segments: Professional and Residential. The Professional segment offers turf and landscape equipment products, including sports fields and grounds mowing and maintenance equipment, golf course mowing and maintenance equipment, landscape contractor mowing equipment, landscape creation and renovation equipment, and other maintenance equipment; rental, specialty, and underground construction equipment, such as horizontal directional drills, walk and ride trenchers, stand-on skid steers, vacuum excavators, stump grinders, turf renovation products, asset locators, pipe rehabilitation solutions, materials handling equipment, and other after-market tools; and snow and ice management equipment, such as snowplows, as well as stand-on snow and ice removal equipment, such as snowplow, snow brush, and snow thrower attachments, salt and sand spreaders, and related parts and accessories for light and medium duty trucks, utility task vehicles, skid steers, and front-end loaders.